Calculate the Times Interest Earned Ratio Using the Following Information

question 30

Multiple Choice

Calculate the times interest earned ratio using the following information. Sales = $1.5 million, cost of goods sold = $800,000, depreciation expense = $100,000, addition to retained earnings = $85,000, dividends per share = $1.2, tax rate = 30%, and number of shares of common stock outstanding = 100,000. Assume the firm has no preferred stock.

• A) 2.25 times
• B) 1.25 times
• C) 1.95 times
• D) 2.75 times

Recognize the components and significance of the hepatic portal circulation.

Understand the anatomical specifics and function of fetal circulation structures.

Differentiate between the arterial and venous systems in terms of structure and function.

Describe the process of gas and nutrient exchange in the capillary beds.

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Definitions:

Slave Revolts

Armed uprisings by enslaved people seeking freedom and the abolition of slavery.

South Carolinians

Residents of South Carolina, a southeastern U.S. state known for its shorelines, historical significance, and cultural heritage.

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Transformations or modifications that result in beneficial outcomes or improvements over the previous state.

War Of Jenkins' Ear

A conflict between Britain and Spain lasting from 1739 to 1748, sparked by an incident in which a Spanish officer allegedly cut off the ear of British seaman Robert Jenkins.